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    Defining Your Trading Edge in Forex
    Defining Your Trading Edge in Forex
    Defining Your Trading Edge in Forex
    Ebook106 pages2 hours

    Defining Your Trading Edge in Forex

    By Josef Moni

    5/5

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    About this ebook

    There are many things that you must have if you are to succeed at Forex trading for a career and do it as a business. You must have a realistic and solid understanding of how the markets really work and also a rule-based strategy which will give you an edge over your competition in the live market.

    This book tells the Forex beginner with no information or experience what they need to become successful and consistently profitable right away in the business of making money with money. Make no mistake about it, the money making business is no joke and there are people in the markets who win every day because they have an edge. This book can help a brand new beginner start to develop their edge for working in the live market and making money every day like the pros.

    After reading this entire book you will know what it takes for you to make money in the live market environment against the best market participants in the world. The information in this book will get the beginner investor and trader on the fast track to making money right away from their new Forex trading business.

    The markets are open for the business of making money for everyone who has an edge so they can make money every day. All you have to do is learn how to do it the right way the first time and then go in the market, execute and get paid. What are you waiting for?

    LanguageEnglish
    PublisherJosef Moni
    Release dateJul 28, 2015
    ISBN9781513076942
    Defining Your Trading Edge in Forex

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    • 5/5
      This book is factual. Understanding the basics that not many books give. Thanks Josef

    Book preview

    Defining Your Trading Edge in Forex - Josef Moni

    Defining Your Trading Edge in Forex

    How Beginners can beat the Competition

    By Josef Moni

    Copyright 2015

    Who I wrote this book for and why I wrote it

    Brand new traders all make the same mistakes over and over because they don‘t know any better, now you do. They do what everyone else is doing and study what everyone else is studying thus they have the same results and failures as everyone else. Don’t be that trader! If you can just take the time to read this information in this book, let it sink in and then continue on your educational journey you will have done yourself a huge favor and also begun to give yourself the needed edge to succeed in this business.

    Trust me when I say, there is no edge in doing what everyone else is doing where they are doing it from. Most traders are all looking at the same types of charts and chart time frames because they have been conditioned to think that lower time frames are better when in actuality it is precisely the opposite that is true.

    The most important thing about financial market education is learning it the right way from the beginning and not making the mistakes that other people are making. If you learn what not to do right from the very start, you will already have an edge over the others who did not take the time to educate themselves properly—this is whom you can actually make money from in the markets once you can see their fear and greed.

    I wrote this book for all beginning aspiring investors and traders who are just getting their head around doing the Forex day trading and swing trading business. Everyone has their own ideas of what they think day trading and swing trading are and what it can do for them. This book is for beginners and will detail many of the things that a brand new trader must learn not to do before they can become consistently profitable in the live markets.

    The decision you are making to get into the Forex trading business is one of the most important decisions of your life. Getting into this business and becoming good enough at it to make a comfortable living from it will test your being to the very core. This is one business that will expose every flaw you have and then some. There is no hiding in this business, there are people in the business already who know you better than you know yourself at this juncture and they are going to take complete advantage of your every flaw until you "get it" and become a consistently profitable professional whose using a rule based plan every day and has a money making edge over their competition.

    Make no mistake the live markets are full of people who will walk over the smoking wreckage you’re blown up account to get paid and not think twice about it. It is just business as usual in the market for them every day and should you not take the time think about what you are doing and rush to learn anything in this business only one thing will happen. Smoking wreckage!

    I wrote this book for people who want to start their own Forex trading business and become participants in today’s financial markets who have zero experience and are looking for the best quality information to get them started driving their money train to the bank every day.

    Picture yourself throwing all your startup capital into the bon fire at the party you’ll throw for yourself for starting your new trading business up and watch it burn up in smoke and flames right before your very eyes. You smell that? That’s all your money burning up because you went to fast or did not learn what to do the right way from the first day of your business and did not develop the needed edge to compete at the highest level.

    There are only two groups of people who are doing business in the markets, the professionals and the retail investors and traders. The retail group includes both wanna be traders and also brand new traders with zero experience at all who are just trying to be cool and say they work in the market.

    This book will be an incredible read as an introduction for someone has zero or very little experience in the financial markets can expect to research and learn if they want to have any chance at being successful making real money in the live markets. If you’re brand new this book will give you a head start, if you have a little knowledge already and are perhaps struggling, I hope this book can give you more and help you learn something new.

    Instead of trying to read this book fast I recommend that you go slow and look up and search for the main things the book talks about that will help you to become successful right away. Skip over anything that is important and it could for sure cause you to lose some money. No one wants that now right?

    If you need to study each thing one at a time so you can fully grasp it, so be it. You do not need to be in any hurry. The market is always going to be there waiting to give you a chance to make money. I did not put all the history of the financial markets and all the stats in this book because you can look all of that up online at your leisure if you want to know that information. While it is good to know, it will not make you money in the live financial markets every day.

    Here is the first tip I can give you. Don’t waste time on learning things that will not help you make money in the live market. You don’t need to know the history of the financial markets and what all the old time guys who made a lot of money did to make their loot. It’s not even the same market or economics as it was when they were in the live market so don’t waste any valuable education and learning time on learning that information.

    I encourage you to begin to learn only what will make you money in today’s markets. If you would like to go back and study all that history once you have become consistently profitable on a daily basis so be it. If and when you do become successful in this business you will have a lot of time on your hands anyway because at that juncture trading is boring and it is a lot of waiting around.

    In the meantime though, let’s get you learning how to drive your new money train down the tracks of gold to the front door of your bank so you can deposit all the profits you are going to learn how to take out of today’s markets. You don’t need to know what happened in the market 100 years ago you need to know what is happening in the market right now and how to make money from it.

    Learning to be a great investor and trader does not have to be a long, hard road—trust me on this. I had to unlearn a lot of things that are of no use to anyone in the live markets. I don’t want you make those same errors. Let’s try to cut down your learning curve so that you can start making real money right from the start of your new investing and trading business.

    When you are done reading this book you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in this book will put you on the fast track to becoming a successful self-directed investor and trader with very little money invested other than the cost of this book.

    I have tried to give you in this book the truth of what happens in real life, in real time and in real money in the live markets every day. There are no short cuts and you must do the time if you want to drive your own money train. I try to keep the explanations clear concise, simple and uncomplicated. This book gives you substantial value and is going to be the foundation of your pre education.

    Everything I have written in this book I have personally experienced from being in the trenches and battling the smart money for profits and I hope that once you read this whole book through the first time you will not have to go through what I did when I was first coming up and learning investing and trading. Know where retail sheeple of the herd are making their critical errors at in the live market and profit from

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